کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5099247 | 1376995 | 2008 | 24 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Natural rate measures in an estimated DSGE model of the U.S. economy
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه
ریاضیات
کنترل و بهینه سازی
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Natural rate measures in an estimated DSGE model of the U.S. economy Natural rate measures in an estimated DSGE model of the U.S. economy](/preview/png/5099247.png)
چکیده انگلیسی
This paper presents an estimated DSGE model of the U.S. economy. The model captures the most important production, expenditure, and nominal-contracting decisions underlying economic data while remaining sufficiently small to allow a clear interpretation of the data. We emphasize the role of model-based analyses as vehicles for storytelling by providing examples - based around the evolution of natural rates of output and interest - of how our model can provide narratives to explain recent macroeconomic fluctuations. The stories obtained from our model are both similar to and quite different from conventional accounts.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Dynamics and Control - Volume 32, Issue 8, August 2008, Pages 2512-2535
Journal: Journal of Economic Dynamics and Control - Volume 32, Issue 8, August 2008, Pages 2512-2535
نویسندگان
Rochelle M. Edge, Michael T. Kiley, Jean-Philippe Laforte,